Uranium Contracting - The Inventory Overhang Is Mover

Most uranium is purchased over time in a contract market, where what determines prices are the production economics of available capacity based upon demand. After fe cashuma, after those pounds were available, you had that glut of inventory that was building up. It made its way into the spot market. And then in 20 12, 20 13, the goldman sacks and the doicha banks of the world started to come in. They went to utilities very smartly and said, listen, you typically well sign seven, eight, ten year deals,. But there's a lot of inventory out there. We can see that. Why don't you let us use our balance sheet? And why don't you